When De Minimis Adjustment May Be Deferred. No adjustment in the number of shares of Common Stock issuable upon exercise of each Warrant need be made unless the adjustment would require an increase or decrease of at least 1% in such number. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 7 shall be made to the nearest cent or to the nearest 1/100th of a share, as the case may be.
Appears in 7 contracts
Samples: Stockholders Agreement (Virgin America Inc.), Fifth Closing Warrant Agreement (Virgin America Inc.), Sixth Closing Warrant Agreement (Virgin America Inc.)
When De Minimis Adjustment May Be Deferred. No adjustment in the number of shares of Common Stock issuable upon exercise of each Warrant Shares need be made unless the adjustment would require an increase or decrease of at least 1% in such numberthe number of Shares held by each Holder. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 7 shall be made to the nearest cent or to the nearest 1/100th of a share, as the case may be.
Appears in 6 contracts
Samples: Dilution Agreement (Malek Frederic V), Purchase Agreement (Fs Equity Partners Iii Lp), Purchase Agreement (Blum Capital Partners Lp)
When De Minimis Adjustment May Be Deferred. No adjustment in the number of shares of Common Stock issuable upon exercise of each the Warrant need be made unless the adjustment would require an increase or decrease of at least 1% in such number. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 7 shall be made to the nearest cent or to the nearest 1/100th of a share, as the case may be.
Appears in 1 contract
When De Minimis Adjustment May Be Deferred. No adjustment in the number of shares of Common Stock issuable upon exercise of each Warrant need be made unless the adjustment would require an increase or decrease of at least 1% in such number. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 7 11A shall be made to the nearest cent or to the nearest 1/100th of a share, as the case may be.
Appears in 1 contract
Samples: Warrant Agreement (Anc Rental Corp)
When De Minimis Adjustment May Be Deferred. No adjustment in the number of shares of Common Stock issuable upon exercise of each Warrant need be made unless the adjustment would require an increase or decrease of at least 1% in such number. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 7 SECTION 11 shall be made to the nearest cent or to the nearest 1/100th of a share, as the case may be.
Appears in 1 contract
Samples: Warrant Agreement (Anc Rental Corp)
When De Minimis Adjustment May Be Deferred. No adjustment in the number of shares of Common Stock issuable upon exercise of each Warrant need be made unless the adjustment would require an increase or decrease of at least 1% in such number. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 7 11.2 shall be made to the nearest cent or to the nearest 1/100th of a share, as the case may be.
Appears in 1 contract
Samples: Unit Purchase Agreement (GPPW Inc)
When De Minimis Adjustment May Be Deferred. No adjustment in the number of shares of Common Stock issuable upon exercise of each Warrant need be made unless the adjustment such adjustment, together with other adjustments carried forward as provided below, would require an increase or decrease of at least 1% in such number. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 7 15 shall be made to the nearest 1/100th of a cent or to the nearest 1/100th of a share, as the case may be.
Appears in 1 contract
When De Minimis Adjustment May Be Deferred. No adjustment in ------------------------------------------ the number of shares of Common Stock of the Company issuable upon exercise of each this Warrant need be made unless the adjustment would require an increase or decrease of at least 1% in such numberthe number of shares of Common Stock of the Company issuable upon exercise of this Warrant. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 7 3 shall be made to the nearest cent or to the nearest 1/100th of a share, as the case may be.
Appears in 1 contract
Samples: Mutual Risk Management LTD
When De Minimis Adjustment May Be Deferred. No adjustment in the number of shares of Common Stock issuable upon exercise of each Warrant need be made unless the adjustment would require an increase or decrease of at least 1% in such number. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 7 11 shall be made to the nearest cent or to the nearest 1/100th of a share, as the case may be.
Appears in 1 contract
Samples: Warrant Agreement (Anc Rental Corp)
When De Minimis Adjustment May Be Deferred. No adjustment in the number of shares of Common Series C Preferred Stock issuable upon the exercise of each this Warrant need be made unless the adjustment would require an increase or decrease of at least 12% in such number. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 7 9 shall be made to the nearest cent or to the nearest 1/100th of a share, as the case may be.
Appears in 1 contract
